UPM Interim Report Q3 2018 was published on 24 October

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UPM Interim Report  Q3 2018

Strong quarter sets a new benchmark for UPM’s performance

Q3 2018 highlights

  • Sales grew by 6% to EUR 2,650 million (2,493 million in Q3 2017).
  • Comparable EBIT increased by 20% to EUR 420 million (351 million).
  • Sales prices increased in all business areas, outweighing the impact of higher input costs.
  • Temporary operational issues in UPM Communication Papers and UPM Biorefining had a EUR 30 million negative impact. 
  • Operating cash flow was strong at EUR 434 million (486 million).

Q1-Q3 2018 highlights

  • Comparable EBIT increased by 20% to EUR 1,109 million (926 million in Q1–Q3 2017).
  • Sales prices increased in all business areas, outweighing the impact of higher input costs and unfavourable currency exchange rates.
  • UPM paid a dividend of EUR 613 million.
  • Net debt decreased to EUR 4 million (623 million).
  • UPM initiated focused investments in Germany, Finland and China, to grow in the attractive release liner segments.


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15.11.2018 at 14:22 EET

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